716 N Van Ness Avenue Los Angeles, CA 90038
Great Location! Four Plex in Prime location just North of Melrose. Zoned LAR3 . There are four 1 bdrm + I bthrm units in the Bldg., plus Two garages with one car parking for each unit. All units are occupied. The Bldg. is approx 6792 sq ft. Walk to stores, restaurants and shops. Tree lined St. with parking. With strong current income and future rental upside potential, this property offers significant value. All units are separately metered for gas and electricity. See DOCS for Rent Roll & Financials. Tenant occupied property shown by the agent only . Inside with accepted offer. Pls do not disturb the Tenants. Seller is selling this property in its present as-is condition and will not be making repairs or improvements. Financial information is provided by Property Owner and not guaranteed by Agent or Seller. Buyer to confirm financial information and property condition through inspections during escrow. This property is covered by City of Los Angeles Rent Control, Buyer to fully investigate. Agent Most of the 4 units have been updated. Recent upgrades include some plumbing, newer electrical in some units. it's worth noting it's location is close to west Hollywood shopping, the Grove and Holywood. Plenty of upside in current rents. The Bldg. has been managed by its owners. , Priced to sell!.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site11 Days
- MLS StatusActive
- MLS ID Number24385079
- Home Size Source N/A
- Year Built1928
- Lot Size0.1545 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Garage
- Parking Spaces 4
- Number of Stories 20
- Acreage 0.1545
- Water Public
- Security Gated CommunityWindow Bars
- Foundation Combination
- Zoning LAR3
- Listing Conditions Standard
- Direction Faces West
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating CentralForced Air
- Appliances DishwasherRefrigeratorOven
- Flooring WoodTile
- Laundry Features Washer IncludedDryer Included
Exterior Features
- Roof Composition
- View None
- Spa No
- Pool Features None
- Spa Features None
- Lot YardUtilities - OverheadFront Yard
Community Features
- Senior Community No
- MLS Area C20 - Hollywood
- Security Features Gated CommunityWindow Bars